California Capital Access Program

The California Capital Access Program (CalCAP or Program) was created in 1994, and is run by the California Pollution Control Financing Authority (CPCFA). The program encourages banks and other financial institutions to make loans to small businesses that have difficulty obtaining financing.

Since inception, CalCAP lenders have cumulatively loaned over $2.2 billion. A recent influx of $84.3 million from the State Small Business Credit Initiative (SSBCI) allows California lenders the opportunity to gain support for years to come.

Program Areas

CalCAP Loan Loss Reserve is a form of loan portfolio insurance which may provide up to 100% coverage on certain loan defaults. By participating in CalCAP, lenders have available to them a proven financing mechanism to meet the financing needs of California's small businesses.

CalCAP Collateral Support pledges cash to cover the collateral shortfall of loans of $100,000 or more. CalCAP Collateral Support provides up to 40% of the loan value, with the possibility of an additional 10% for businesses located in a severely affected community.